Executive Director of Excelsior Capital Leanne Catelan Buys 2.2% More Shares

Those following along with Excelsior Capital Limited (ASX:ECL) will no doubt be intrigued by the recent purchase of shares by Leanne Catelan, Executive Director of the company, who spent a stonking AU$1.0m on stock at an average price of AU$3.13. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 2.2%.

Check out our latest analysis for Excelsior Capital

Excelsior Capital Insider Transactions Over The Last Year

Notably, that recent purchase by Leanne Catelan is the biggest insider purchase of Excelsior Capital shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of AU$2.90. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

In the last twelve months Excelsior Capital insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

Excelsior Capital is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership Of Excelsior Capital

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Excelsior Capital insiders own 58% of the company, worth about AU$48m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Excelsior Capital Tell Us?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Excelsior Capital. Nice! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example - Excelsior Capital has 1 warning sign we think you should be aware of.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.